"Further, 62 percent of the business owners anticipate sales increases in the next six months, the highest since spring 2007; 57 percent anticipate an increase in profits, the highest since spring 2005; and 28 percent expect increased full-time hiring, the highest proportion of businesses since spring 2012."

You won't get directly proportional per-square-foot increases because of the attic space and there's likely a "ceiling" on prices in the neighborhood.

No thanks, build in a proportional amount and eliminate that problem.Just my two cents.Frank

The stimulus has been growing geometrically, it has now gotten to truly huge proportions.

Your success is directly proportional to what types of activities you do and how hard you work.

In what manner, and what proportion?

The arguement is that rates will only go up from here, and by paying the extra 2% to fix now it will save us from the unpredictability of the future, whereas if we ride the LIBOR, and fix when we get nervous, the 30 Yr rate will be higher (most likely proportionally to the adjusting LIBOR rate).

The premium could be a proportion of the sale price.

There's an old saying "money in multiples" and it holds a lot of truth.The amount of profit possible is directly proportional to the size of the apartment community.

Older vintage product which would be C and D buildings being by the beach most likely in an A to B location were built on more expansive lots as land was more readily available.In most area land is now at a premium so things are much more compact and tighter.If you have a bunch of land next to the beach you might have a re-development play in the future.7.5% CAP rate on that vintage of a building is pretty weak.Most with that vintage want a 9 to 10% return.To drop almost 133,000 into a property for an annual 5,000 return if everything goes perfect is crazy in my mind.With that much money you should be able to leverage yourself into a much larger project.Given the age of those buildings when you re-model you will have to conform to the new EPA lead certification rules and procedures which run the costs up.What about deferred CAPEX??